Chapter 433: Financial War

However, the glory of the British Empire made Edward absolutely not agree: "Our export of fighter planes to India is our own internal affair of Britain, and we will not be obstructed by any force, and interfering in our internal affairs of Britain is interfering in the entire NATO." ”

"Don't get involved with NATO." "You are just Britain, you can't represent the whole of NATO!" Over the years, we in Pakistan have been shedding blood and sacrificing in order to deal with the Soviet Union, but in exchange for betrayal. I am very angry about what you have done. ”

"I'm sorry, I repeat at the end, this is our British internal affair." After Edward finished speaking, although he was angry in his heart, he politely took his leave, trying to maintain the demeanor of a diplomat.

"President, what are we going to do?" Wait until the British ambassador is gone, old Arslan asked.

"The Americans and the British wear the same pants, and it won't be long before the Americans will come and warn us not to interfere too much in the dealings between Britain and India." Mhammad said.

Wearing a pair of pants, Mhammad's statement is very apt, in fact, it is more appropriate to say that the British carry shoes for Americans.

In short, India is too weak and does not serve the interests of the Americans, who have always been wary of Pakistan's strength, after all, Pakistan's relationship with China is even stronger.

"So, we need to be faster." Mhamad continued: "Now let our ambassador go to Rajiv and ask him for his debts, and it is only right for him to repay his debts. Then announce the exercises we are going to conduct. ”

Just like last time, Pakistan is not yet able to turn its face with the United States, and although it feels uncomfortable, it has to endure it for the time being. The original support for Hyderabad was to take advantage of the fact that the protests of the Americans had not yet arrived. The Pakistani side announced that its political goals had been achieved.

Pakistan is just a developing country, there is no special way to coerce the British, although the British are now a second-rate country, after all, there is still the psychology of the empire on which the sun never sets. The British would not be threatened by the Pakistani side.

The day had passed, and when she returned to her villa, Lilith had already prepared dinner.

"Honey, why do you look unhappy today?" Lilith asked Mhammad.

Now that Pakistan has achieved absolute superiority over India, there seems to be nothing in the country that can make Mhammad worry, so seeing that Mhammad is like this. Lilith couldn't help but be curious.

"All hateful British." "They actually colluded with the Indians and made a fortune for us," Mhammad said. ”

Thirty million pounds in Hyderabad! That's a lot of money.

"In that case, we might as well teach the English a lesson." Lilith said: "My dear, don't forget, Hong Kong is still under the jurisdiction of the British. ”

Yes, Hong Kong is under the jurisdiction of the British! Although there are still ten years left, the British will send Hong Kong back to the embrace of the mainland. But now, after all, it is also ruled by the British. If the British had made a mess of Hong Kong's economy in those last years, the British would have lost face.

"Yes, in that case, let's just have a financial battle!" Mhammad's eyes were on fire: "Let the losses of the British, more than thirty million pounds!" ”

A few years ago. In 83, due to concerns about Hong Kong's future, a lot of money left Hong Kong, and at the same time caused the depreciation of the Hong Kong dollar and inflation. Hong Kong's economy has been greatly affected, and the British government has invested a lot of money in order to save the market, and the losses are quite heavy.

In 35, the Hong Kong dollar was directly pegged to the pound, and in 72, the British government decided to let the pound float freely. After that, the Hong Kong dollar was pegged to the US dollar for a time, and in 74 years, due to the weakness of the US dollar, the Hong Kong dollar was changed to free floating. The floating exchange rate system started smoothly, but in '77, due to the excessive growth of money and credit, the trade deficit widened, inflation, the Hong Kong dollar exchange rate continued to decline, and there was a rare rush to buy goods in speculative activities, which further worsened the depreciation of the Hong Kong dollar, and finally became the Hong Kong dollar crisis.

In the aftermath of the crisis, the Hong Kong government implemented a new exchange rate policy, a linked exchange rate system pegged to the US dollar at a fixed exchange rate of HK$7.8 to US$1.

In this case, the note-issuing bank is required to submit the US dollar equivalent to the HKMA at the exchange rate of HK$7.80 to US$1 and record it to the accounts of the Exchange Fund for the purchase of a Certificate of Indebtedness to support the note-issuing notes. Conversely, when Hong Kong dollar notes are recovered, the HKMA will redeem the Certificates of Indebtedness and banks will recover the US dollar equivalent from the Exchange Fund.

As long as the US dollar remains stable, the Hong Kong dollar can be kept stable, and the issuance of the Hong Kong dollar on the basis of the US dollar will allow the Hong Kong dollar to grow healthily.

This system is much higher than the previous floating exchange rate, and in history, even if Soros came with a big mouth of **, he did not take away more wealth, and finally returned in vain.

But in later generations, there was already a strong mainland financial support, at that time in order to stabilize the Hong Kong economy, the mainland also paid a lot, and now, the Hong Kong government is still under the support of the United Kingdom, then, to stabilize the Hong Kong economy, then the British government needs to continue to come up with strong financial support!

Because, this storm, the dollar will also be greatly affected!

"It's also very easy to deal with Hong Kong's economic system." Lilith said: "The issuance of the Hong Kong dollar is based on US dollar cash as a reserve, in addition to cash, all kinds of deposits also belong to broad money, even now, Hong Kong has only more than 60 billion Hong Kong dollars in circulation, broad money is about 2 trillion Hong Kong dollars, and Hong Kong's foreign exchange reserves, only about 700 billion Hong Kong dollars, so as long as we do something to shake public confidence, there is a considerable proportion of Hong Kong dollar deposits to run against the US dollar, Hong Kong may have a credit crisis." ”

Now Lilith is already an economic expert, and when it comes to these economic problems, Lilith can see the trick at a glance.

At present, there are still 4 million US dollars in the currency of our own stock market in Hong Kong, and these US dollars are enough to have a major impact on Hong Kong's economy.

"Okay, Lilith, you are our general in this counterattack against the British." "This time, let the British continue to bleed!" Mhammad said. ”

The former empire on which the sun never sets has long lost its dignity, and their current economic capacity is only a second-rate power, while Pakistan's economy has made great strides in development, especially the information from later generations, which has made Pakistan gain a lot in the international financial market. Now Pakistan has the ability to stir up the British economy.

It may be difficult to directly disturb the order of Britain itself, but it is quite easy to make some waves in Hong Kong.

At the behest of Mhammad, Pakistan finally launched a financial war, and Black Friday came earlier than in history.

Wednesday, September 9.

In the morning, after eating, Li Sheng walked into the securities trading hall with vigorous steps.

In the past two days, although the stock has begun to show some fluctuations, but, on the whole, it is still steady and rising, and everyone is full of confidence and looks forward to the continued rise of the stock today.

Many people have invested their life's wealth here, and Li Sheng, who is in his fifties, has chosen to retire early and will spend every day in this securities trading floor.

Many people haven't eaten yet, holding breakfast bought at a fast-food restaurant, eating while waiting for the stock market to open.

"I hope to cross 4,000 points today." A familiar person said to Li Sheng: "More than 4,000 points, I will throw out all the stocks, the money has been earned enough, take the money, I will go back and enjoy, enough for the rest of my life." ”

"At the beginning, you said that you would withdraw at 3,000 points, then it was 3,005, and now, it is 4,000!" A person next to him laughed at him and said, "It's really four thousand today, I'm afraid you have to wait for four thousand and five, right?" ”

Hearing this, the man smiled and shook his hand: "No, this time it's really going to get rid of it." Having said that, he was still thinking in his heart, is he really willing to get rid of it? What if it goes up?

No one is willing to get rid of it, seeing that they put their money in the stock market and make money vigorously, who takes out the money, isn't that a fool?

"It's already open!" Another man said, looking at the big screen in front of him.

Li Sheng found an empty place, sat down, and looked at the display above.

Yesterday, the market was more than 3,800 points, and today, it has risen again to more than 3,900 points.

Looking at the rising numbers, all people's hearts are beating with them, and the numbers are rising, which means that their wealth is rising!

3920.73,3949.65… It seems that there is no problem in reaching 4,000 points today!

However, just when 3950 has not yet been reached, that curve has gone up and down! Then, the slide began.

Dropped? How can it be? This must be a fluctuation, it must be a normal fluctuation!

Everyone held their breath, even those who were eating, their mouths stopped chewing, and they felt their hearts beat slowly increasing as they watched the curve begin to slide.

No way? It's just a normal change!

The boom in the Hong Kong stock market has attracted a large influx of hot money from outside, which is why Pakistan can earn more than 100 billion US dollars from the Hong Kong stock market, but this has also reached its peak.

No one pays attention to the fact that in Hong Kong, and even in the United States, there are people who are constantly selling their own Hong Kong stocks, and when $40 billion in stocks are sold, the new funds entering the stock market will not reach so much at all, and in this way, it will only lead to the only result.

The stock price is starting to fall! (To be continued......)